Agent card issuers are those who sponsor typically smaller financial institutions into the card business, paying per account bounties for each activated new card account – ranging from as little as $30 to over $100 each for accounts generated and activated by the agent in their branch distribution network; often paying less (at a rate…
Visa announced a new service that provides financial institutions and mobile network operators with a one-stop solution to securely download payment account information to smartphones enabled with NFC technology. The new service was developed in collaboration with Oberthur Technologies, a leading Trusted Service Management (TSM) company whose software and platforms are used to manage the provisioning and activation of payment accounts on cards and mobile devices. The new offering by Visa brings together the necessary parties in the mobile payments ecosystem and lays the foundation for financial services providers and mobile network operators to securely and efficiently link Visa payment accounts to smartphones, while also offering a solution to manage those accounts post activation. For consumers the service will include support for Visa and non-Visa payment, loyalty or mass transit applications on their smartphone.
Giesecke & Devrient (G&D) security technology was selected to deliver lifecycle management of the embedded Secure Elements within Intel’s Smartphone Reference Device. G&D will manage the partitioning and key management of the embedded Secure Elements Over-the-Air. Embedded Secure Elements provide an additional protected area for security-sensitive applications such as payments and ticketing using NFC technology. Intel has included an embedded Secure Element in its recently announced Smartphone Reference Device, in addition to the conventional SIM card slot. G&D will act as Trusted Service Manager (TSM) for the Secure Element Issuer (SEI-TSM) providing the lifecycle management of the embedded Secure Elements.
American Express will make it easy for its Cardmembers and all fans in Orlando for NBA All-Star 2012 to get closer to the action of one of the most sought-after events in sports. From live viewing parties for fans to special foursquare offers on NBA merchandise and access to private events with former NBA players and NBA legends for Cardmembers, American Express will connect with its Cardmembers, merchant partners and all NBA fans to create unforgettable moments during NBA All-Star. American Express will host NBA fans at Universal Orlando CityWalk for the American Express NBA All-Star Viewing Parties.
Chase, Capital One and Barclaycard have entered into agreements with Isis enabling their credit, debit and prepaid cards to be placed into the Isis “Mobile Wallet.” Starting in mid-2012, consumers will be able to load their eligible Chase, Capital One and Barclaycard cards into their Isis Mobile Wallet and shop at participating merchants. The Isis “Mobile Wallet” will provide consumers a convenient and secure way to pay, redeem coupons and present loyalty credentials through a tap of their phone. Chase, Capital One and Barclaycard will tailor their cardholder service experience within the Isis Mobile Wallet to reflect their respective brands and ensure a seamless and secure experience across physical cards and mobile platforms.
Global Payments etransaction payment processing launched its “Developer Portal” website to simplify the onboarding process and make it easier for third party developers to access the tools they need to enable payment processing via Global Payments. This gives developers the ability to gain immediate access to the Global Payments “Global Transport” Software Development Kit (SDK) and other tools needed to facilitate end-to end-integration. The Portal will support payment enablement of a multitude of platforms including mobile apps, ecommerce Web sites and retail Point of Sale systems.
VeriFone Systems announced the “PAYMEDIA” Universal Acceptance Platform (UAP) suite of services and software that enables Mobile Network Operators (MNOs) to manage mobile wallet acceptance at merchant systems. The “PAYMEDIA UAP” closes the loop between wallet providers and merchants to deliver the benefits of advanced mobile payment, promotions and couponing applications to millions of consumers and merchants worldwide. It ensures that mobile wallet transactions of all types will be processed smoothly at merchants and allows wallet providers to greatly expand the variety of services and applications offered though their wallets and increase consumer stickiness of their apps.
Digital Chocolate Inc., a leader in cross-platform social games, announced today the release of two premium games into the Android Market that feature ad hoc, proximity-based multiplayer capability based on AllJoyn™ peer-to-peer technology. AllJoyn is an open-source, radio-agnostic application development framework, developed by Qualcomm Innovation Center, Inc., a wholly owned subsidiary of Qualcomm Incorporated, which…
At the GSMA’s 2012 Mobile World Congress, Neustar real-time information and analysis to the Internet, telecommunications, entertainment, advertising and marketing industries is showcasing a full range of mobile cloud solutions, including its latest Neustar Intelligent Cloud Location service. Neustar will show how financial institutions can harness the Neustar Intelligent Cloud and other Neustar services to better manage prepaid gift cards. Neustar will showcase five new mobile services in its stand located in Hall 7 within the App Planet #7A86. Mobile application providers can now reach over 325 million mobile subscribers through just one connection with Neustar.
Heartland Payment Systems, one of the nation’s largest payments processors, announced that management would be participating in two upcoming investor conferences. Robert Baldwin, President, and Maria Rueda, Chief Financial Officer, will be webcasting their presentation at Baird’s 2012 Business Solutions Conference being held in Boston, MA. The presentation is scheduled for Wednesday, February 29, 2012…
Western Union global payment services, and WIND mobile operator teamed to offer consumers mobile money transfer. With this, WIND’s 21 million subscribers will soon be able to send Western Union money transfer transactions directly from their phones using WIND’s suite of services including apps and SMS. Subscribers will be able to send money from prepaid, credit, and debit cards; recipients can pick up their funds in cash at more than 450,000 Western Union Agent locations in 200 countries and territories around the world.
Orange unveiled ‘Quick Tap Treats’ – the UK’s first mobile contactless retail reward scheme, in partnership with the EAT. restaurant chain. Quick Tap Treats will allow all Orange customers with NFC enabled handsets to simply tap their mobile phone on specially designed posters at any of the 110 EAT. outlets* so they can receive a…